{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-023533","form_type":"8-K","ticker":null,"cik":"0001622879","company_name":"Medicine Man Technologies, Inc.","filed_at":"2025-03-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.221617+00:00","generated_at":"2026-05-24T21:20:39.636631+00:00","sec_items":["2.04"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Medicine Man Technologies subsidiary misses $0.7M payment; default triggers $1.5M cash sweep","bullets":["Subsidiary PBS Holdco missed $0.3M principal and $0.4M interest payment due March 3, 2025.","Received default notice March 7; default interest rate of 19% per annum began accruing.","Current loan balance under the agreement is approximately $11 million.","On March 10, collateral agent swept ~$1.5M from borrower bank accounts under control agreements."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-023533","json":"https://secwatch.observer/filing/0001104659-25-023533.json","markdown":"https://secwatch.observer/filing/0001104659-25-023533.md","text":"https://secwatch.observer/filing/0001104659-25-023533.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1622879/000110465925023533/0001104659-25-023533-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1622879/000110465925023533/tm259120d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T21:20:39.636631+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1e7e06bb456367b23d68e6a2a1774e629bf9c196","claim":"Medicine Man Technologies, Inc. reported a default on loan of $11 million with SHWZ Altmore, LLC at simple interest per annum equal to 15% plus 4%.","evidence_excerpt":"March 3, 2025, and such default interest continues to accrue during the continuance of the Event of Default. The current balance due under the Loan Agreement is approximately $11 million. On or around March 10, 2025, the Collateral Agent exercised control of certain of the Borrowers’ bank accounts pursuant to certain deposit account control agreements with the","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1622879/000110465925023533/0001104659-25-023533-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$11 million"},{"label":"Counterparty","value":"SHWZ Altmore, LLC"},{"label":"Rate","value":"simple interest per annum equal to 15% plus 4%"},{"label":"Event","value":"default"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}